student loans

A consequence of low interest rates, scatter-shot government policy, and a careless band-wagon investment effect, “bubbles” have unfortunately defined our economic trajectory since the late 1980s. We’ve been living in the age of bubble: the S&L bubble, the tech bubble, the oil bubble, the housing bubble, potentially a gold bubble, etc. So why not add [...]

Election and political guru Michael Barone has an interesting article about what he sees as the next financial bubble to burst: higher education. He makes the argument that higher education costs have all the hallmarks of a bubble, especially since government intervention has coincided with huge tuition increases beyond the rate of inflation. It’s very [...]